Tuesday, January 22, 2019

BATMINE

PRELIMINARY

Mining can be termed as the validation of transactions or cryptocurrency mining could also be termed as the procedure by which new coins or tokens are introduced (mined) into the current supply in circulation, also a procedure used to secure the system in which the coin operates on. Those who mine a coin are called miners. Miners often face numerous challenges when mining, it is safe to say that they are in need of an in all solution to their current challenges to help curb the problems for a probable solution. Cryptocurrency mining is very expensive with its high consumption of electricity.

INTRODUCING BATMINE PLATFORM

BATMINE is a blockchain based project whose aim is to eradicate complexities faced by cryptocurrency miners, they intend to provide mining amenities at an affordable rate. They offer miners the opportunity to buy state of the art miners which they can run in any of #batmine establishments, proceeds these miners derives are theirs to keep, they only have to pay a service fee for electricity consumed, operation, service & management.

The team behind the scene of BATMINE are renowned entrepreneurs with expertise in the business, and they’ve invested a lot of time and funds to ensure they get their ideas & formulas right for BATMINE project to succeed. The team is well read and researched in matters of the blockchain technology as well as mining. The mission of#batmine is to make available a safe environment, low electricity cost, and a high hash rate that will generate more proceeds than what miners formally receive. Miners mostly use Antminer S9 which is nothing compared with 55Th/sec #batmine is offering that is nearly the double of what miners are able to mine.

BATMINE mining platform will mine Bitcoin, Litecoin, Ethereum and some others initially but they will watch the crypto market for new altcoins doing great and start mining them. Different types of mining hardware will be used with an eye for their life expectancy, hash power rate, energy usage, electricity usage, easy accessibility of spare parts in case of damaged parts, and ability to switch from mining one cryptocurrency to another

BATMINE MINING LOCATIONS

Various factors will be considered before opening any mining center, below are key things to note before a location can be chosen. ♦ A cool climate is very essential because mining hardware do not need a hot environment, it needs proper air ventilation to avoid overheating. ♦ A secure location that allows quick response in case of any emergency. ♦ A good structured building that suits commercial mining operation. ♦ A region with cheap & affordable electricity bills. ♦ A region with adequate green energy at around 4 cents per kilowatt.

BATMINE TOKEN (BATM)

BATM is the acronym of BATMINE TOKEN (BATM) token, this is a utility token which was created on the ethereum blockchain (smart contract) which will be used as the standard mode of payment for services rendered on the platform. #batm will be the driving force in which batmine will ride on, as mentioned above there will be discounts on cryptocurrency mining pool which highly depends on the amount of tokens owned, the more BATM in a particular user’s wallet the more discount they are entitled to.

Benefits of users are numerous, but I'll mention a few, holders will be entitled to earnings gotten from mining activities on#batmine network, earnings gotten from sales of #batmine miner hardware, earnings over custodial services agreement, and earnings over MaaS (hash power, electricity, and related costs) service agreements. These benefits will continue until March 2029 (A period of 10 years).

Holders of BATM will be able to vote for changes they want to be enforced, be part of development planning, discuss community events and matters arising with the executive team members. The amount of BATM owned will determine the weight of the vote casted. To protect the value of WBT, the team plans to burn unsold and undistributed tokens after the sales, no other token will ever be created, minted or mined.

TOKEN ECONOMICS

TOKEN NAME: BATMINE TICKER: BATM NETWORK: ERC-20 COMPATIBLE SOT CAP: 1 MLLION EURO HARD CAP: 19 MILLION EURO ACCEPTED CRYPTOCURRENCY FOR PURCHASE: ETH

TOKEN DISTRIBUTION

TEAM: 5% BOUNTY, AIRDROP & ADVISORY: 10% RESERVE: 15% PRIVATE SALE: 30% PUBLIC SALE: 40%

FUNDS DISTRIBUTION

MARKEING: 10% OPERATIONS: 10% R & D: 20% FARM CONSTRUCTION, MINERS & FIRST YEAR RESERVE: 60%

PARTNERS

 ♦ CEZ BG ♦ NEK EAD ♦ CEZ CZ

ROADMAP

TEAM

CONTACT INFORMATION FOR NEWS & UPDATES

♦ WEBSITE ♦ WHITEPAPER ♦ ONE PAGER ♦ TELEGRAM ♦ SUBSCRIBE ♦ TWITTER ♦ MEDIUM ♦ FACEBOOK

ARTICLE WRITTEN BY TIVERE AKPORODE

♦ BOUNTY0X PROFILE: TIVERE


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